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Goods are produced by the business and sold in the product market in return the

ID: 1183659 • Letter: G

Question

Goods are produced by the business and sold in the product market in return the business receives the revenue when it sells its goods in the product market, complete the circle what happens next A) Households receive the income from the product market and use it to purchase resources available in the resource market B) Business's use the income received from selling their products in the product market and use that income to purchase resources in the resource market C) Business's use the income received from selling their resources in the resource market and purchase goods from the product market D) Households use the income earned from selling their resources in the resource market and use it to purchase goods made available in the product market E) both choices B and D

Explanation / Answer

E) both choices B and D

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